UAE Announces Exit from OPEC Without Targeting Any Country
Sultan Al Jaber, CEO of ADNOC, confirmed that the UAE's exit from OPEC is not aimed at any specific country. This statement comes amid strategic changes in the global oil market.
Latest news and articles about Sultan Al Jaber from NEX English
Sultan Al Jaber, CEO of ADNOC, confirmed that the UAE's exit from OPEC is not aimed at any specific country. This statement comes amid strategic changes in the global oil market.
Sultan Al Jaber, CEO of Abu Dhabi National Oil Company (ADNOC), announced that the UAE's decision to withdraw from OPEC and OPEC+ is part of a strategy to redefine its position in the global energy sector, not a challenge to any party.
Dr. Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, stated that the Strait of Hormuz has never been under Iranian control. His remarks come amid rising tensions in the region, highlighting the strategic importance of this waterway.
UAE Minister of Industry and Advanced Technology, Sultan Al Jaber, has called for the unconditional opening of the Strait of Hormuz, emphasizing its vital role in enhancing global trade. This statement was made during a press conference in Abu Dhabi, highlighting the need for international cooperation to protect this strategic waterway.
Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, has called for the complete and unconditional opening of the Strait of Hormuz, warning of the global economic repercussions of ongoing navigation restrictions.
Sultan Al Jaber emphasized that Iranian attacks will not deter the UAE from its diplomatic efforts. He stated that the country is diligently working to achieve stability in the region.
Dr. Sultan Al Jaber, the UAE's special envoy for climate, accused Iran of engaging in 'global economic blackmail' in the Strait of Hormuz amid rising tensions in the region. These remarks were made during a press conference in Abu Dhabi, highlighting growing concerns about maritime security.
Sultan Al Jaber emphasized that the Strait of Hormuz, stretching over <strong>33 kilometers</strong>, is crucial for determining the fate of the global economy. This strait is a vital artery for oil trade and directly impacts global market stability.
Dr. Sultan Ahmed Al Jaber warns that Iranian movements in the Strait of Hormuz pose a threat that transcends regional boundaries, impacting global security and stability.
Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology, presented the 'Outstanding Global Leadership Award' for 2026 to Sheikh Mohammed bin Zayed Al Nahyan, recognizing his efforts in promoting sustainable development in the UAE.
Sultan Al Jaber, CEO of Abu Dhabi National Oil Company, labeled Iran's restrictions on the Hormuz Strait as 'economic terrorism' during a speech in the United States. He emphasized that these restrictions negatively impact the global economy.